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Julius-Maximilians-Universität Würzburg >
Lehrstuhl für Volkswirtschaftslehre, Geldund internationale Wirtschaftsbeziehungen, Universität Würzburg >
W.E.P. - Würzburg Economic Papers, Lst. f. VWL, Geld u. internat. Wirtschaftsbeziehungen, Universität Würzburg >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/22367
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Mayer, Eric | | en_US |
| dc.contributor.author | | Hülsewig, Oliver | | en_US |
| dc.contributor.author | | Henzel, Steffen | | en_US |
| dc.contributor.author | | Wollmershäuser, Timo | | en_US |
| dc.date.accessioned | | 2009-01-29T14:57:34Z | | - |
| dc.date.available | | 2009-01-29T14:57:34Z | | - |
| dc.date.issued | | 2006 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/22367 | | - |
| dc.description.abstract | | This paper explores whether the cost channel solves the price puzzle. We set-up a New Keynesian DSGE model and estimate it for the euro area by adopting a minimum distance approach. Our findings suggest that - under certain parameter restrictions which are not rejected by the data - the cost channel helps to generate an initial rise of inflation after a monetary contraction. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | | | en_US |
| dc.relation.ispartofseries | | Würzburg economic papers 74 | | en_US |
| dc.subject.jel | | E32 | | en_US |
| dc.subject.jel | | C51 | | en_US |
| dc.subject.jel | | E31 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Price puzzle | | en_US |
| dc.subject.keyword | | New Keynesian model | | en_US |
| dc.subject.keyword | | cost channel | | en_US |
| dc.subject.keyword | | minimum distance estimation | | en_US |
| dc.subject.stw | | Transmissionsmechanismus , Inflation , Geldpolitik , Schock , Ungleichgewichtstheorie , Theorie , Schätzung , EU-Staaten | | en_US |
| dc.title | | The Price Puzzle Revisited : Can the Cost Channel explain a Rise in Inflation after a Monetary Shock? | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 543511154 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | W.E.P. - Würzburg Economic Papers, Lst. f. VWL, Geld u. internat. Wirtschaftsbeziehungen, Universität Würzburg
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